Institution
Tilburg University
Education•Tilburg, Noord-Brabant, Netherlands•
About: Tilburg University is a education organization based out in Tilburg, Noord-Brabant, Netherlands. It is known for research contribution in the topics: Population & Context (language use). The organization has 5550 authors who have published 22330 publications receiving 791335 citations.
Papers published on a yearly basis
Papers
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TL;DR: In this paper, the sensitivity of results to various specification and identification assumptions was investigated, and the standard switching regression model was extended to allow for endogeneity of education level, experience, and hours worked.
176 citations
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TL;DR: In this paper, the impact of bank merger announcements on borrowers' stock prices for publicly traded Norwegian firms is estimated, showing that borrowers of target banks lose about 0.8% in equity value while borrowers of acquiring banks earn positive abnormal returns, suggesting that borrower welfare is influenced by a strategic focus favoring acquiring borrowers.
Abstract: We estimate the impact of bank merger announcements on borrowers’ stock prices for publicly traded Norwegian firms. Borrowers of target banks lose about 0.8% in equity value, while borrowers of acquiring banks earn positive abnormal returns, suggesting that borrower welfare is influenced by a strategic focus favoring acquiring borrowers. Bank mergers lead to higher relationship exit rates among borrowers of target banks. Larger merger-induced increases in relationship termination rates are associated with less negative abnormal returns, suggesting that firms with low switching costs switch banks, while similar firms with high switching costs are locked into their current
176 citations
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TL;DR: In this paper, the authors investigated the effect of SMS reminders on adherence to oral antidiabetics in patients using RTMM and investigate patients' experiences with RTMM, finding that the majority of patients reported positive experiences with real-time medication monitoring and SMS reminders.
176 citations
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TL;DR: New methodology that helps to improve the identification of spatial segments by using information on the location of consumers is proposed and it is suggested that segments of consumers are likely to demonstrate spatial patterns and develop a hierarchical Bayes approach specifying several types of spatial dependence.
Abstract: The identification of geographic target markets is critical to the success of companies that are expanding internationally Country borders have traditionally been used to delineate such target markets, resulting in accessible segments and cost efficient entry strategies However, at present such "countries-as-segments" strategies may no longer be valid In response to the accelerating trend toward global market convergence and within-country fragmentation of consumer needs, cross-national consumer segmentation is increasingly used, in which consumers in different countries are grouped based on the similarities in their needs, ignoring the country borders
In this paper, we propose new methodology that helps to improve the identification of spatial segments by using information on the location of consumers Our methodology identifies spatial segments based on consumer needs and at the same time uses spatial information at the subcountry level We suggest that segments of consumers are likely to demonstrate spatial patterns and develop a hierarchical Bayes approach specifying several types of spatial dependence Rather than assigning consumers to segments, we identify spatial segments consisting of predefined regions We develop four models specifying different types of spatial dependence Two models characterize situations of spatial independence and countries-as-segments, which represent existing approaches to international segmentation The other two models accommodate spatial association within and spatial contiguity of segments and are new to the segmentation literature The models account for within-segment heterogeneity in multiattribute-based segmentation, covering numerous applications in response-based market segmentation We show that the models can be estimated using Gibbs sampling, where for the spatial contiguity model, a rejection sampling procedure is proposed
We conduct an analysis of synthetic data to assess the performance of the most restrictive spatial segmentation model in situations where spatial patterns do or do not underlie the data-generating process Data for which the true properties are known were analyzed with models of spatial contiguity and spatial independence of segments The results indicate that a substantial improvement in parameter recovery may be realized if a spatial pattern underlies the data-generating process, but that the spatial-independence model may provide a better alternative when this is not the case
We empirically illustrate our approach in the setting of international retailing, using survey data collected among consumers in seven countries of the European Union A store image measurement instrument was used This instrument is based on the multiattribute model of store image formation, with overall evaluations of stores as a dependent variable and image perceptions as predictor variables The segmentation basis consists of latent importances of store image attributes, ie, product quality, service quality, assortment, pricing, store atmosphere, and location We argue that store image attribute importances are likely to display spatial variation and expect spatial concentration of segments, or even contiguity, to occur
We apply and compare the four spatial segmentation models to the store image data The countries-as-segments model receives lowest support from the data, less than that of the spatially independence model, which is in line with the current notion that consumer preferences cut across national borders However, the spatially contiguity model and spatial-association model demonstrate the best fit Although the differences between the various models are not very large, we find support, consistent across the two fit indices, for the spatial models
Substantive results are presented for the spatial contiguity model We identified five spatial segments that cut across borders The segments give rise to different retail positioning strategies, and their importance estimates and location demonstrate face validity
176 citations
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TL;DR: In the presence of myopic governments, debt ceilings play a useful role in avoiding excessive debt accumulation in a monetary union and allowing a conservative, independent central bank to focus on price stability as mentioned in this paper.
175 citations
Authors
Showing all 5691 results
Name | H-index | Papers | Citations |
---|---|---|---|
David M. Fergusson | 127 | 474 | 55992 |
Johan P. Mackenbach | 120 | 783 | 56705 |
Henning Tiemeier | 108 | 866 | 48604 |
Allen N. Berger | 106 | 382 | 65596 |
Thorsten Beck | 99 | 373 | 62708 |
Luc Laeven | 93 | 355 | 36916 |
William J. Baumol | 85 | 460 | 49603 |
Michael H. Antoni | 84 | 431 | 21878 |
Russell Spears | 84 | 336 | 31609 |
Wim Meeus | 81 | 445 | 22646 |
Daan van Knippenberg | 80 | 223 | 25272 |
Wolfgang Karl Härdle | 79 | 783 | 28934 |
Aaron Cohen | 78 | 412 | 66543 |
Jan-Benedict E.M. Steenkamp | 74 | 178 | 36059 |
Geert Hofstede | 72 | 126 | 103728 |